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News and Events 2017-06-19T00:35:04+00:00
2005, 2017

You lucky f$%ker!

May 20th, 2017|

I don’t believe in luck. Fate, perhaps. Actually, probably. But luck in business? You’ve got to be kidding. Business is hard, competitive, cut throat, dog eat dog. You can’t seriously suggest that someone was successful because of luck. “Luck Is What Happens When Preparation Meets Opportunity" Roman Philosopher Seneca Luck is a polite word that successful / brilliant people use to mask the fact that they want to be “modest” about their success. Maybe, they are taciturn because going into detail, and discussing the reality of the daily grind and stress they went through to become successful, is a turn off for other people. Better to put it down to “luck” and keep the mystique intact. “The more I practice, the luckier I

1104, 2017

Sales or Tech Entrepreneurs

April 11th, 2017|

We live in a technological world. We see new tech start-ups every day. Software services and tech products pervade and invade every aspect of our waking lives. Every laptop doubles as a window into the production line that turn ideas into services, and code becomes the website or app on which business is transacted. Accordingly, I have seen many investor panels / discussions and listened to many backers of start-ups say outrageous things like: “I won’t ever back a start-up if the founder isn’t technical”, or “A start up team that doesn’t have a technical person on board from the start is doomed to failure”. It seems to be a mantra repeated all over the globe. Frankly, its complete bullshit. I’ve never cut

2503, 2017

Founder over 40

March 25th, 2017|

When you see lots of pitches every week, listening to potential founders with a “break out” idea, you get to see (or at least, think you get to see) some patterns emerging. Sometimes the patterns are wishful thinking, other times they seem to be very clear. In pre-seed and seed funding, the funders of founders, are taking an awful big risk investing in an idea. Some might even say, you are gambling. Like any good gambler, you start looking for patterns and, more importantly, you start playing the odds. What gets you really thinking about the patterns, and whether they exist or not, is the question I get asked the most: “What are you looking for when making an investment?”. Like any VC

2002, 2017

Australian archaeological startup raises $679,000 to rebuild ancient sites in VR

February 20th, 2017|

Archaeology isn’t an easy job, but it becomes easier in virtual reality, where you can walk around ancient buildings as if they were still there. Lithodomos VR, an Australian virtual reality archaeological startup, knows this and has raised $900,000 in Australian dollars ($679,000 U.S.) in a seed funding round. Melbourne-based Lithodomos VR creates what it calls breathtaking, archaeologically accurate reconstructions of the ancient world in VR for use in the tourism, education, and entertainment industries. It has contracts for content in Spain, for various museum installations, a video in the Berlin Film Festival (VR category), and an app in Jerusalem, and that is just a start. Lithodomos VR – Arene de Lutece Simon Young started the company in 2016, and it was incubated